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Nov 28, 2012
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grover norquist -- >> but it's true. you can hear it a thousand more times. >> it may be true to republican party, but the reality is in the cnn/orc poll just taken -- >> i understand. >> hang on. hang on. would you prefer a budget plan with only spending cuts, 29%, would you prefer a mix of spending cuts and tax increases, 67%. a thumping, thumping majority of americans would prefer to see cuts in spending and tax increases. but you republicans led by grover norquist are absolutely intransigent about allowing any raise in taxation, yet the american public want you to do it. >> listen, first of all, there's a lot of things you said that aren't true. >> well, name one. >> nobody is -- first of all, no one is opposed to increasing revenues by closing some loopholes, but they -- >> that wasn't what i said. hang on. that wasn't -- that was not what i said. that wasn't what i said. >> they want commensurate tax cuts -- >> hang on. you said what i said wasn't true. reince, come on. i have to stop you here. no. you can't put wo
grover norquist -- >> but it's true. you can hear it a thousand more times. >> it may be true to republican party, but the reality is in the cnn/orc poll just taken -- >> i understand. >> hang on. hang on. would you prefer a budget plan with only spending cuts, 29%, would you prefer a mix of spending cuts and tax increases, 67%. a thumping, thumping majority of americans would prefer to see cuts in spending and tax increases. but you republicans led by grover norquist...
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Nov 29, 2012
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norquist and the pledge. >> i admire grover norquist. i think he's done a lot of good. i signed that pledge. i'm honored to do it. i don't think in this case we would be breaking it by making what are temporary tax cuts permanent. i think we'd be doing the right thing. >> cole is trying to do him a favor by saying if we do this, it won't be breaking your pledge. therefore, your pledge still exists. i mean, that's about as big a favor as he can do him at that point. >> he's trying throw poor grover a lifeline. but i think the damage has been done because you've had so many people saying, lindsey graham saying i would violate the pledge, end of story and i think the american public has become more aware of the pledge, how much it's deictated republican policy. you're supposed to be answering to us, the voter, so i think that has in addition to the fact that keeping these tax cuts in places so unpopular, i think just the idea i itself of the pledge has become politically toxic. >> i want you to listen to one more thing cole said today about
norquist and the pledge. >> i admire grover norquist. i think he's done a lot of good. i signed that pledge. i'm honored to do it. i don't think in this case we would be breaking it by making what are temporary tax cuts permanent. i think we'd be doing the right thing. >> cole is trying to do him a favor by saying if we do this, it won't be breaking your pledge. therefore, your pledge still exists. i mean, that's about as big a favor as he can do him at that point. >> he's...
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Nov 27, 2012
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as for grover norquist. he told soledad o'brien today, although some republicans are discussing impure thoughts on television, they won't really act on them. >> lindsay graham says i would raise taxes if, and then he lists this incredible list of reforms and entitlements that the democrats would never give him. as i suggested to him, i said, senator you're offering to trade a tax increase for a pink unicorn that doesn't exist. >> whether he does or doesn't bend on taxes, pundits here in washington seem terribly impressed that senator graham and others are talking about going against grover norquist. outside the beltway, most people don't know grover norquist from grover on sesame street. standing up to a lobbyist, even a powerful one is only washington progress, not real progress. first step, maybe even a necessary one. but only that, so is going on sunday talk shows as both republicans and democrats are doing. and talking about flexibility. >> let the rates go up to 39. let us also take a look at the deduct
as for grover norquist. he told soledad o'brien today, although some republicans are discussing impure thoughts on television, they won't really act on them. >> lindsay graham says i would raise taxes if, and then he lists this incredible list of reforms and entitlements that the democrats would never give him. as i suggested to him, i said, senator you're offering to trade a tax increase for a pink unicorn that doesn't exist. >> whether he does or doesn't bend on taxes, pundits...
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Nov 26, 2012
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norquist might say, or maybe it means the gig is up, grover. not so fast. see, mr. norquist, a powerful lobbyist, has long had a lock on nearly every republican in congress. he's the guy who keeps reminding us that george h.w. bush lost the election after violating his read my lips no new taxes pledge. >> if you want to go to your voters and say, i promised you this, and i'm breaking my promise, you can have that conversation with them. but you don't have an argument with me. you've made a commitment to your voters. >> still, democrats are heartened by the new grover is over mini movement. although they shouldn't do the happy dance just yet, because republicans will want payback, as in medicare, medicaid and social security. so for all of you who want tax hikes on the wealthy, what are you willing to give up in return on social security, raising the retirement age to 70, on medicare, a total revamp, as in instead of the government paying your medicare bills, you pay them with help from the government. you tell me. "talkback" question for you, w
norquist might say, or maybe it means the gig is up, grover. not so fast. see, mr. norquist, a powerful lobbyist, has long had a lock on nearly every republican in congress. he's the guy who keeps reminding us that george h.w. bush lost the election after violating his read my lips no new taxes pledge. >> if you want to go to your voters and say, i promised you this, and i'm breaking my promise, you can have that conversation with them. but you don't have an argument with me. you've made...
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Nov 21, 2012
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limbaugh stands by grover norquist. listen to this. >> a friend of mine sends me a note and says, listen, there's going to be pressure brought to drive a wedge between you and grover norquist. >> i steadfastly oppose tax increases on one group of americans. if we're going to raise taxes, we are going to do them on everybody. i don't think everybody's taxes ought to be raised. >> now, is this what they are afraid of, grover norquist, rush limbaugh, governor? is this because they feel they have an undue influence on their base, especially mr. limbaugh? >> yeah, there's no question. look, every rational thinking in mrk, no matter what side they are on, they know that they have got to do something about the debt and it's got to include revenue. if you get rid of a tax loophole, that's raising taxes. he sent a letter to tom cobuln and said you can't do that because when you eliminate a tax loophole that's eliminating taxes and tom coburn sent a letter back sending him to pound sand and we need -- and i think representative e
limbaugh stands by grover norquist. listen to this. >> a friend of mine sends me a note and says, listen, there's going to be pressure brought to drive a wedge between you and grover norquist. >> i steadfastly oppose tax increases on one group of americans. if we're going to raise taxes, we are going to do them on everybody. i don't think everybody's taxes ought to be raised. >> now, is this what they are afraid of, grover norquist, rush limbaugh, governor? is this because...
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Nov 27, 2012
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their shift in position has grover norquist vowing to help unseat any republican who breaks his taxpayer protection pledge. the question tonight is whether this is a larger trend or whether republicans are just testing the waters and two men who know about testing the waters, politicking and actually meaning what you say join me now. david frum and james carville, you have been on every side of this. let me start with you though david. republicans talking about raising revenue by closing loopholes. as opposes to raising tax rates. you can get a heck of a lot of revenue that way. is this smart for them r or not? >> republicans are going to be yielding ground, but they have to avoid seemingly yielding ground underressure. president has a strong hand. they have to keep their party together. frankly, i think loopholes are the wrong place to -- so-called loop homes, meaning deductions for home mortgage, are the wrong place to look for new revenue. the place is look is with different kinds of tax sources. not by making it more difficult for people to work save and invest. >> wow, adding even m
their shift in position has grover norquist vowing to help unseat any republican who breaks his taxpayer protection pledge. the question tonight is whether this is a larger trend or whether republicans are just testing the waters and two men who know about testing the waters, politicking and actually meaning what you say join me now. david frum and james carville, you have been on every side of this. let me start with you though david. republicans talking about raising revenue by closing...
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connell: grover norquist. here is what he said this morning. >> supposed an investor that you admire and trust comes to you saying this is a good idea i think you should think about it. it all depends on what my tax rate will be on the game that we will make. only in grover's imagination does such a response exist. it is quite another when republicans talk like this. >> i am not obligated on the pledge. the only thing i am honoring is the oath that i take when i am sworn in this january. >> the only pledge we should be making to each other is to avoid the coming brief. republicans should put revenue on the table. >> i would have signed -- i will not attack japan today. the world has changed. the economic situation is different. connell: the man behind this pledge, it sounds like, at least the storyline is, that you are losing your considerable influence within the republican party. >> well, first of all, our friend warren buffett a to get a confident ghostwriter. it is counterfactual and it is counter historic
connell: grover norquist. here is what he said this morning. >> supposed an investor that you admire and trust comes to you saying this is a good idea i think you should think about it. it all depends on what my tax rate will be on the game that we will make. only in grover's imagination does such a response exist. it is quite another when republicans talk like this. >> i am not obligated on the pledge. the only thing i am honoring is the oath that i take when i am sworn in this...
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we'll talk to grover norquist. where this is heading. >>> my one on one interview with the legendary tony bennett. he's not slowing down after six decades in show business. his new documentary, new album and his new memoir. plus his real hobby which is painting. we're back in a moment. and with photo stream, you can share all the photos you want, with just the people you want. it's as easy as pie. mmmm..pie. i have a cold, and i took nyquil, but i'm still "stubbed" up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] it doesn't have a decongestant. no way. [ male announcer ] sorry. alka-seltzer plus fights your worst cold symptoms plus has a fast acting decongestant to relieve your stuffy nose. [ sighs ] thanks! [ male announcer ] you're welcome. that's the cold truth! [ male announcer ] alka-seltzer plus. ♪ oh what a relief it is! ♪ [ male announcer ] to learn more about the cold truth and save $1 visit alka-seltzer on facebook. [ male announcer ] to learn more about the
we'll talk to grover norquist. where this is heading. >>> my one on one interview with the legendary tony bennett. he's not slowing down after six decades in show business. his new documentary, new album and his new memoir. plus his real hobby which is painting. we're back in a moment. and with photo stream, you can share all the photos you want, with just the people you want. it's as easy as pie. mmmm..pie. i have a cold, and i took nyquil, but i'm still "stubbed" up. [ male...
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, president of america's for tax reform, grover norquist. they do not appear to like your pledge. >>guest: well, some of the people who are being dragged out are retreads. there is nothing new about some of the senators who is said they would be open to tax hikes. remember the gang of six, three of the people that you mentioned, spent eight months sitting in a room with democrats pretending to negotiate we tax increases in return for entitlement reform and after a while even coburn had to walk out of the room and admit that they were being offered nothing but tax increases. the president's budget is nothing but tax increases. the president's negotiatorring position is nothing but tax increases and harry reid would some of the senators may want to focus their attention on has announced there is no entitlement reform, so to argue that the taxpayers should take the brunt of this battle and they should not defend taxpayers but the spending interests in washington, strikes me as odd. the effort by some to get entitlement reform, the democrats hav
, president of america's for tax reform, grover norquist. they do not appear to like your pledge. >>guest: well, some of the people who are being dragged out are retreads. there is nothing new about some of the senators who is said they would be open to tax hikes. remember the gang of six, three of the people that you mentioned, spent eight months sitting in a room with democrats pretending to negotiate we tax increases in return for entitlement reform and after a while even coburn had to...
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a number of republicans are finally putting limits on their no tax pledge and telling grover norquist to get lost. but remember, there's only one of those people in the houpts. >>> keeping home and change alive. president obama's aits are hoping to keep the campaign going and use their new leverage at the polls to bin the fight for higher taxes against the wealthy. >>> this is "hardball," the place for politics. bp has paid over twenty-three billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. >>> get ready for some more partisan agendas in the state governments across the country. that's because some january at least 37 states will be under single party control. 37 of them. with one party holding both houses of state legislatures and the governorship. and that's the la
a number of republicans are finally putting limits on their no tax pledge and telling grover norquist to get lost. but remember, there's only one of those people in the houpts. >>> keeping home and change alive. president obama's aits are hoping to keep the campaign going and use their new leverage at the polls to bin the fight for higher taxes against the wealthy. >>> this is "hardball," the place for politics. bp has paid over twenty-three billion dollars to help...
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i think grover norquist sell by date has passed. and obama has already put entitlement reforms on the table in his private negotiations with boehner a year ago, and i think that we're going to get a deal. we may go over the cliff for a week or two weeks or whatever, but i'm optimistic there's going to be a deal. >> there's some talk that going over the cliff wouldn't be the worst thing in the world because at least for republicans everyone's taxes would have gone up without a vote and they're voting to cut taxes. >> the president's leverage goes up closer to that date, george. exactly because the taxes all go up, at that moment, then he's just negotiating about how much to cut them back down and i suspect that as they get closer to the date the republicans are going to look at the president's leverage post-january 1 and think they may not want to go that way. there's a second element that comes into this which is that once you're past that date, it's very bad for the markets as matt said, but it may not be an immediate effect on the
i think grover norquist sell by date has passed. and obama has already put entitlement reforms on the table in his private negotiations with boehner a year ago, and i think that we're going to get a deal. we may go over the cliff for a week or two weeks or whatever, but i'm optimistic there's going to be a deal. >> there's some talk that going over the cliff wouldn't be the worst thing in the world because at least for republicans everyone's taxes would have gone up without a vote and...
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this famous pledge sponsored by grover norquist. conservative to say the least seemed to throw in the towel, providing maybe some cover for some republicans here. let me read to you what they said. if taxes are going up anyway because the bush tax rates expire and republicans can stop them from going up as much as they otherwise would, then pledge-takers deserve some credit for that. mr. norquist says it violates his pledge to eliminate deductions without lowering rates but at the current economic and political moment it is also a service if republicans prevent tax rates from going up. providing some cover there. have republicans effectively caved on the idea of raising revenue? >> i don't think republicans have caved on anything related to taxes. we do have to remember that it is possible to bring in more revenue without raising taxes. any time you stimulate economic growth that's going to bring in more revenue. i want more revenue because i want more economic growth. that's the best way to bring in more revenue, to fund government
this famous pledge sponsored by grover norquist. conservative to say the least seemed to throw in the towel, providing maybe some cover for some republicans here. let me read to you what they said. if taxes are going up anyway because the bush tax rates expire and republicans can stop them from going up as much as they otherwise would, then pledge-takers deserve some credit for that. mr. norquist says it violates his pledge to eliminate deductions without lowering rates but at the current...
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. >> grover norquist had a good run. it lasted far longer than 15 minutes but his trstringent vie make him an outliar now. it is not unlike ralph reed who steered the republican party too far right on social issues in the '90s and is hardly heard from anymore. >> is he, rick, spiking the football, maybe on the 5 yard line? is this a little too premature to be writing off the grover norquist here and the no new tax movement in the republican party? >> yes, i think it is too premature. grover norquist has become a convenient boogie man, merely because we have maybe hit a tipping point on tax increases and voters are starting to accept the idea that taxes have to go up a little bit on some people. we have got a long way to go, though. we still are going to have to start talking about tax increases on the middle class at some point. that is going to be an entirely different battle. the nmagnitude of the problem will require increases on the middle class or tax cuts that are really deep. the tax increases is going to solve th
. >> grover norquist had a good run. it lasted far longer than 15 minutes but his trstringent vie make him an outliar now. it is not unlike ralph reed who steered the republican party too far right on social issues in the '90s and is hardly heard from anymore. >> is he, rick, spiking the football, maybe on the 5 yard line? is this a little too premature to be writing off the grover norquist here and the no new tax movement in the republican party? >> yes, i think it is too...
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Nov 21, 2012
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that's grover norquist in the new york times. basically, you're saying, you're going to hold the line. it's a tough house, you're going to hold the line. okay, now, bear with me for a second. you fast forward until the end of december, there's no deal. the republicans is not caved and the president is pressing for higher tax rates on the rich. he says to the republicans, look what you're doing, you're going to push us over the cliff, you're going to push us into recession and you're going to get the blame and do you doubt for one moment that the republicans would get the blame if we go into recession and over the cliff? 'cause they would, you know, and there's another vote coming up in two years and they'd be carrying that around and they carry a recession around their neck. go. >> it is true that cbs will tell that story. but, what i've been urging the republicans to do is two things, one is, to insist that the negotiations, as we move forward, be on c-span and the reason for that we know from woodward's book and from talking to
that's grover norquist in the new york times. basically, you're saying, you're going to hold the line. it's a tough house, you're going to hold the line. okay, now, bear with me for a second. you fast forward until the end of december, there's no deal. the republicans is not caved and the president is pressing for higher tax rates on the rich. he says to the republicans, look what you're doing, you're going to push us over the cliff, you're going to push us into recession and you're going to...
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>>shepard: over the weekend some republicans are telling grover norquist to take a hike with the "we won't raise taxes" pledge. >>reporter: the fine tuning is they are saying we are okay with close loopholes but they don't want to raise tax rates. the republicans are saying the survey done by a group calls the winston group, a republican research firm, says 65 percent of americans back tax reform and spending cuts over the raising of taxes. here is the senate republican leader on what the g.o.p. is offering. >> without compromising our principles we put skin in the game and recognition to the fact while democrats don't run this town, neither do we. we have been responsible even as we remain firm on this point. no tax increases now for promised spending cuts that you will not materialize later. the american people have seen that game before. they won't be fooled again. >> house republicans are planning to bring in on wednesday a number of c.e.o.'s of caterpillar, goldman sachs and all state and other key players on fiscal includes including erskine bowles co-author of the simpson-bowl
>>shepard: over the weekend some republicans are telling grover norquist to take a hike with the "we won't raise taxes" pledge. >>reporter: the fine tuning is they are saying we are okay with close loopholes but they don't want to raise tax rates. the republicans are saying the survey done by a group calls the winston group, a republican research firm, says 65 percent of americans back tax reform and spending cuts over the raising of taxes. here is the senate republican...
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norquist and his anti-tax pledge. we'll discuss what that means for the livelihood of a deal ahead with the "morning joe" crew. >>> and when we come back here, we're going to huddle around the water cooler. we finally have a dollar value for what it would cost to ride a manatee. we'll be right back. [ male announcer ] introducing the new dell xps 12. part of a whole new line of tablets from dell. it's changing the conversation. ♪ >>> we told you at the top of the show that a congressional compromise might be in the works that would keep the government from going over the so-called fiscal cliff at the start of 2013. if a deal can't be reached, the vast majority of american families will be affected starting on january 2nd. if you want to sound smart today. >> i want to sound smart. what should i do? >> read the next one. >> how do i sound smart? >> tell your friends 90% of american households would face higher tax bills for 2013 if congress can't come up with a deficit reduction plan to replace the fiscal cliff. a fa
norquist and his anti-tax pledge. we'll discuss what that means for the livelihood of a deal ahead with the "morning joe" crew. >>> and when we come back here, we're going to huddle around the water cooler. we finally have a dollar value for what it would cost to ride a manatee. we'll be right back. [ male announcer ] introducing the new dell xps 12. part of a whole new line of tablets from dell. it's changing the conversation. ♪ >>> we told you at the top of the...
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one senator is defending grover norquist's anti-tax stance. that's senator rand paul. he'll join us live in a few minutes. >>> even black friday couldn't save retailers from superstorm sandy. sales for november taking a hit in the wake of that storm. what does it mean, though, for the holiday shopping season? we'll tell you how to play it. >>> a wade of companies issuing special dividends ahead of the fiscal cliff. sounds like a plus for the company. we'll tell you why it could be more of a warning sign. >>> and how senate majority leader harry reid's home state of nevada could get hit hard if congress cannot make a deal on the fiscal cliff. >>> we're going to start with the cme group. rick santelli, the santelli exchange. i'm told a little poetry. i just hope it's not frost saying some say the world will end in fire, some saying ice. >> it's not going to be fire and ice. it is going to be some fire and brimstone! how's that? you know, i liked warren buffett's op-ed the other day in the "time"s. a minimum tax for the wealthy. we're going to get to a couple quotes in th
one senator is defending grover norquist's anti-tax stance. that's senator rand paul. he'll join us live in a few minutes. >>> even black friday couldn't save retailers from superstorm sandy. sales for november taking a hit in the wake of that storm. what does it mean, though, for the holiday shopping season? we'll tell you how to play it. >>> a wade of companies issuing special dividends ahead of the fiscal cliff. sounds like a plus for the company. we'll tell you why it...
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norquist now really be pushed aside by the party? >> grover norquist is a survivor. he has a business, $7 million budget. spent $25 million in campaigns this cycles. he doesn't want to be seen as a dead-ender. he doesn't want his power to melt away bite by bite win the views like that. what we saw today was him providing a little path for republicans and, yeah, that very colorful point about the murder weapon, but he went on to say that republicans need to push for reform which speaker boehner has been doing, and to be clear about it, and he said the deal needs to be able to pass the laugh test back home. and he says it needs to be done in public. he wants it done on cnbc or on c-span the way some people wanted the health care deal done. so his argument is that if republicans are up front about what they want and what they're pushing for, they'll be able to survive whatever deal they ultimately have to go along with. >> you say mr. norquist wants to see it done in public. isn't that what we are seeing to a certain extent right now? we had speaker boehner out making h
norquist now really be pushed aside by the party? >> grover norquist is a survivor. he has a business, $7 million budget. spent $25 million in campaigns this cycles. he doesn't want to be seen as a dead-ender. he doesn't want his power to melt away bite by bite win the views like that. what we saw today was him providing a little path for republicans and, yeah, that very colorful point about the murder weapon, but he went on to say that republicans need to push for reform which speaker...
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has grover norquist lost his will? >> speaker boehner said revenues would be on the table as well as spending cuts and entitlement reform but we would not raise tax rates. i have seen nothing different than what these senators have said in the last day or so than what speaker boehner has said. the key here is the devil is in the details. once we see some sort of fine print in the next couple weeks, we'll know, you know, we'll know whether our legislators stand. one interesting thing here. i just want to add, we keep talking about tax reform but we have not really had a big conversation in the media about entitlement reform. medicare is exploding. billions of dollars, and we have millions of people are counting on it, will be retiring. baby boomers are retiring will go larger and larger. yet we have not talked about that yet. while we're talking about grover norquist versus these members i think the devil will be in the details. we'll have to talk about a broader conversation between tax revenue and entitlement reform.
has grover norquist lost his will? >> speaker boehner said revenues would be on the table as well as spending cuts and entitlement reform but we would not raise tax rates. i have seen nothing different than what these senators have said in the last day or so than what speaker boehner has said. the key here is the devil is in the details. once we see some sort of fine print in the next couple weeks, we'll know, you know, we'll know whether our legislators stand. one interesting thing here....
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. >> let me ask you, you have a couple of senate republicans who have come out again grover norquist and any kind of notion of a pledge or being held to a lobbyist as opposed to the american people. on the left you have some progressives who are concerned that too many concessions will be made with social security, medicare entitlements. let me play what david plouffe recently said that caught the attention of some on the left, and they're concerned. >> i think what we need to do and the president believes this is let's go for the big deal. the only way that gets done is for republicans, again, to step back and get mercilessly criticized by grover norquist on the right, and it means democrats have to do tough things on spending and entitlements that they get criticized by the left. >> before you respond to plouffe, let me play what congressman peter defazio said on "news nation" when he was our guest yesterday. >> i'm not going for a bad deal, and i think there's a quite a few for a bad deal. social security didn't cause the deficit. we don't need to cut social security to solve the
. >> let me ask you, you have a couple of senate republicans who have come out again grover norquist and any kind of notion of a pledge or being held to a lobbyist as opposed to the american people. on the left you have some progressives who are concerned that too many concessions will be made with social security, medicare entitlements. let me play what david plouffe recently said that caught the attention of some on the left, and they're concerned. >> i think what we need to do...
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that pledge pushed by the conservative activist, grover norquist, has been part of republican orthodoxy for several years which makes statements like these so surprising. listen -- >> i will violate the pledge, long story short, for the good of the country, only if democrats will do entitlement reform. >> i'm not obligated on the pledge. i made tennesseans aware, i was just elected, that will only thing i'm honoring is the oath that i served. >> a pledge you signed 20 years ago, 18 years ago is for that congress. >> when i go to the constituents that have reelected me, it is not about that pledge. >> eric cantor, the majority leader in the house of representatives. joining us now, kevin mccarthy, the majority whip, the number three republican leader in the house of representatives. thanks for coming in. >> thanks for having me. >> are you ready to jump on that bandwagon and violate that grover norquist pledge? >> i think what the american people want is to see the problem solved. what we have, we spend more than $1 trillion more than we bring in every year. we have to solve that problem
that pledge pushed by the conservative activist, grover norquist, has been part of republican orthodoxy for several years which makes statements like these so surprising. listen -- >> i will violate the pledge, long story short, for the good of the country, only if democrats will do entitlement reform. >> i'm not obligated on the pledge. i made tennesseans aware, i was just elected, that will only thing i'm honoring is the oath that i served. >> a pledge you signed 20 years...
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it has nothing to do with grover norquist. it has to do with our word. remember, with this program t.a.g. is takes away our freedom, because good institutions that need to draw business from business don't need to do that anymore. if there's a government guarantee, it lowers the liberty and the choices for all. back to you, carl. >> all right. rick, something to think about. talk to you in a few moments. can't wait for sheila bair with you in a few minutes. we're heading to ohio's 8th district, home of john boehner. do his constituents think they're being faithfully represented. is he rising above as some say? why men might be the new women when it comes to retail. we have the controversial piece when "squawk on the street" comes back. n you take a closer . ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so
it has nothing to do with grover norquist. it has to do with our word. remember, with this program t.a.g. is takes away our freedom, because good institutions that need to draw business from business don't need to do that anymore. if there's a government guarantee, it lowers the liberty and the choices for all. back to you, carl. >> all right. rick, something to think about. talk to you in a few moments. can't wait for sheila bair with you in a few minutes. we're heading to ohio's 8th...
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norquist commitments that wouldn't give any on the deal you're talking about. and i'm encouraged when i hear colleagues implying that maybe they will give. i'm a preacher. sunday morning, i love congress calling. maybe you are all coming over this way and not being so hard lined. but it was not the president in the grand bargain. it was the norquist committed republican caucus that after boehner made the agreement would not let him do it. >> look, you had on this program this morning peter king saying this, chambliss is saying, that does seem to be breaking. we can still fight about tax rates over capital gains or whatever, but it does seem to be breaking. >> i think people know a deal needs to be made. i think these are practical people. but i also think that the president needs at this juncture to go back to what andrea said. the president needs to provide a view of what his agenda actually is. the reverend said he should govern the way he campaigned. there were not a lot of big ideas in his campaign. taxing the wealthy is not a big idea. taxing the wealthy i
norquist commitments that wouldn't give any on the deal you're talking about. and i'm encouraged when i hear colleagues implying that maybe they will give. i'm a preacher. sunday morning, i love congress calling. maybe you are all coming over this way and not being so hard lined. but it was not the president in the grand bargain. it was the norquist committed republican caucus that after boehner made the agreement would not let him do it. >> look, you had on this program this morning...
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grover norquist today would look at that as a retreat a violation of a pledge. but your dad's point was very brother found he said i'm not trying to say hike taxes but make sure that everyone, everyone, everyone pays their fair share. would doing that today, bringing in allowances would it have the same effect? >>guest: many are willing to bring not allowance but they want something happening on the other side. you want to see the spending cuts take place. medicare is going up. my wife just got a note in the mail from the insurance provider, her health care is going up 15.1 percent after blue cross in california because they have a monopoly in california. we are told obamacare would lessen everything but it is going up for everyone. >>neil: but you would compromise on this if you got the spending cuts? >>guest: if you got the spending cuts, but you don't do anything until the hit the spending cuts, they owe my dollar $3 in spending cuts and george bush they owe him $2 spending cuts. i tell the republicans, if you buy into raising taxes first you will be like ron
grover norquist today would look at that as a retreat a violation of a pledge. but your dad's point was very brother found he said i'm not trying to say hike taxes but make sure that everyone, everyone, everyone pays their fair share. would doing that today, bringing in allowances would it have the same effect? >>guest: many are willing to bring not allowance but they want something happening on the other side. you want to see the spending cuts take place. medicare is going up. my wife...
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grover norquist, again, has written an op-ed mentioning the debt ceiling specifically. a new report for the bipartisan policy center said the ceiling must be raised before the end of february to avoid default. he said republicans should use that as leverage, congresswoman, in the fiscal cliff deal. the debt ceiling that obama plans lump into every month or so for the next four years provides plenty of leverage for the gop to trade for spending cuts, as done in 2011, or continuing the lower rates. are you willing to do that, use the debt ceiling in this as leverage? >> well, what i'm willing to do, is to talk about, and a very serious conversation, which i don't believe we're really having here on the hill right now, and that is we have a spending-driven problem. you can't keep on spending a trillion dollars more than what you bring in every year. and until we look at both sides of this issue, and a balanced approach on this where we're looking at what is driving the debt, and making sure that we're balancing our budget, it's both revenue, and spending. and we've got to
grover norquist, again, has written an op-ed mentioning the debt ceiling specifically. a new report for the bipartisan policy center said the ceiling must be raised before the end of february to avoid default. he said republicans should use that as leverage, congresswoman, in the fiscal cliff deal. the debt ceiling that obama plans lump into every month or so for the next four years provides plenty of leverage for the gop to trade for spending cuts, as done in 2011, or continuing the lower...
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thank you, dan. >>> grover norquist not going to go away quietly. he is defending his organization's no tax pledge. he says despite what we've just heard from those republicans, nobody is backing down. here's norquist this morning on cnn's "starting point." >> no pledge taker has voted for a tax increase. we've had some people discussing impure thoughts on national television. however, even lindsey graham, if you listen to him, he would support higher taxes if it was used to pay down the debt. of course, it won't. it would be spent. >> one familiar billionaire is, again, calling for the rich to pay just a little more. in an op ed column today's "new york times" investor warren buffett add slow indicates a minimum tax on what he calls the ultra rich. he says it will not wreck the economy. "the ultrarich, including me, will forever pursue investment opportunities." >> republican senator john mccain says that he is open to changing his mind on susan rice. now, if she's nominated to become the next swuf state, mccain, he now says he has, of course, been
thank you, dan. >>> grover norquist not going to go away quietly. he is defending his organization's no tax pledge. he says despite what we've just heard from those republicans, nobody is backing down. here's norquist this morning on cnn's "starting point." >> no pledge taker has voted for a tax increase. we've had some people discussing impure thoughts on national television. however, even lindsey graham, if you listen to him, he would support higher taxes if it was...
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norquist pledge against raising taxes and white house press secretary jay carney reacted positively. >> some of the comments you mentioned are welcome, and they represent what we hope is a difference in tone and approach to these problems and a recognition that a balanced approach to deficit reduction is the right approach. it's the one that's most beneficial for our economy. >> reporter: larry, what i would say is tax increases does not necessarily, despite the rhetoric on both sides, and especially from democrats, does not necessarily have to mean increases in tax rates. it is possible, if you look at the estate tax, if you look at the treatment of dividends, capital gains and carried interest and take a look at loopholes and deductions to raise a significant amount of revenue from people at the top without changing the marginal rate, layery. >> very interesting. we're going to have senator tom coburn on that very subject later in the show. many thanks to john harwood coming from washington, d.c. now, with everyone in washington talking tax hikes, whatever happened to spending cuts
norquist pledge against raising taxes and white house press secretary jay carney reacted positively. >> some of the comments you mentioned are welcome, and they represent what we hope is a difference in tone and approach to these problems and a recognition that a balanced approach to deficit reduction is the right approach. it's the one that's most beneficial for our economy. >> reporter: larry, what i would say is tax increases does not necessarily, despite the rhetoric on both...
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norquist's tax pledge. he's also retiring at the end of this term. gentlemen, good to have both of you with us. mr. welch, i'll begin with you. i'm sure you've noticed, hopefully you've been watching cnbc and see all these pins that we are wearing that say "rise above" calling for you and your colleagues there to get something done on the fiscal cliff. why are you so unwilling to be able to do that? >> well, i am willing to do it. in fact, i work with steve, who you're going to hear from shortly, to advocate for a balanced deal. the real challenge here is practical. do we want to have a bad deal that beats the january 1 deadline, or are we willing to hold out for a more balanced deal, even if that requires us to go into january? >> does that include entitlements? does that mean reforming entitlemen entitlements, particularly medicare? >> absolutely. we have to have health care costs come under control. we can reform them. those of us who are strong supporters of medicare have to be advocates for system refo
norquist's tax pledge. he's also retiring at the end of this term. gentlemen, good to have both of you with us. mr. welch, i'll begin with you. i'm sure you've noticed, hopefully you've been watching cnbc and see all these pins that we are wearing that say "rise above" calling for you and your colleagues there to get something done on the fiscal cliff. why are you so unwilling to be able to do that? >> well, i am willing to do it. in fact, i work with steve, who you're going to...
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i don't think even grover norquist would say that. >> if you called me at 2:00 a.m. awould say, yeah, okay, whatever you want to do with my money. >> this is actually the same point that steve rattner made over the weekend which is all the guys and the women i know on wall street, none of them have ever become less energetic, less workaholics because of the capital gains rate at 25%. >> or 39.6%. >> hey, can i ask you about that, because -- help me understand this. we have a lot of people talking about how we need to 0 raise more taxes. >> sure. >> and i hear -- i hear the president talking about moving the top tax rate up to 39.6%. and i'm just wondering, is that as equitable an approach when a lot of really rich guys and women look at that 39.6%? right now i'm never going to pay that. >> yeah. >> would it be better to raise the capital-gains tax and say 15 to 20 or 15 to 25 percent would that help with income disparity a bit more? >> well, that's why i suggest a minimum tax, because you're absolutely right. of the 400 highest incomes in 2009, which average $200 mil
i don't think even grover norquist would say that. >> if you called me at 2:00 a.m. awould say, yeah, okay, whatever you want to do with my money. >> this is actually the same point that steve rattner made over the weekend which is all the guys and the women i know on wall street, none of them have ever become less energetic, less workaholics because of the capital gains rate at 25%. >> or 39.6%. >> hey, can i ask you about that, because -- help me understand this. we...
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it's bad for grover norquist but good for america and should be the end of asymmetrical tax policies where rates only go down, they never go up. that said, look, there may need to be some entitlements on the table. the president has already done so in his 2013 budget with medicare and medicaid. niece are cuts largely to providers. they don't affect beneficiaries, particularly vulnerable beneficiaries and that's okay. >> the left wants -- they won the election. which is fair. i think you should get a 60/40 deal after an election, even if a divided government. if you win the election, you should get the best deal. my best deal would be the president put his teeth marks into the neck of the rich right now and say, your rates are going up, buddy. i'm not going to go sorting around looking for deductions and screw the temples and churches around the world. i still want you to give to charitable groups but i'm taking your rate up where it was under clinton when you were fat and happy so you have no complaints. we're going back to where we were in the '90s. i think if you did that, i think
it's bad for grover norquist but good for america and should be the end of asymmetrical tax policies where rates only go down, they never go up. that said, look, there may need to be some entitlements on the table. the president has already done so in his 2013 budget with medicare and medicaid. niece are cuts largely to providers. they don't affect beneficiaries, particularly vulnerable beneficiaries and that's okay. >> the left wants -- they won the election. which is fair. i think you...
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. >> all of those guys who signed pledges for grover norquist, they're still around. i think the tea party was somewhat of a fleeting moment. here one day, gone the next. but those entrenched interests that always want to push more and more of the cost of running society on the people who can least afford it, they haven't gone anywhere. i think it's a good time to start thinking about some protests and some folks calling for a fair deal for the american people. >> steve, do you think this is something that's going to inspire people to make their voices heard like the tea party, there on the other side? i don't know about here today, gone the next? do you think they're really gone or they're here? >> they're absolutely here. they're a major force. if the tea party and fiscal conservatives weren't hammering at the republican leadership boehner would have cut a deal on tax rate. no, these are the opening positions. these are the opening bargaining offers from the two sides. and i think it's still very likely they're going to end up compromising on the tax rate. the presi
. >> all of those guys who signed pledges for grover norquist, they're still around. i think the tea party was somewhat of a fleeting moment. here one day, gone the next. but those entrenched interests that always want to push more and more of the cost of running society on the people who can least afford it, they haven't gone anywhere. i think it's a good time to start thinking about some protests and some folks calling for a fair deal for the american people. >> steve, do you...
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the math has changed so we'll ask grover norquist what is his survival strategy? he runs a $30 million operation and doesn't want to see that vanish. >> a lot of democrats emboldened saying we'll shield entitlements altogether. thanks so much, mike. >> on thursday night, house republicans are going to go see "lincoln" together, the number three house republican kevin mccarthy has rented a theater saying we need to make a deal. >> mike allen, thanks so much. >> what's so interesting, it wasn't really just eric that came on the show and said nothing yet we picked up a tone that something was different. same thing yesterday with dick durbin who came on the show because eric said, okay, we'll do deals on taxes, but you brought up capital gains tax, no. carried interest, no. raising the actual marginal rates, no, we don't want to do that yet when he left we got calls from democrats saying does he really want to make a deal? >> i got two yesterday that -- >> i got e-mails from democrats going wow, he sounds like he wants to make a deal. one senator said did he really me
the math has changed so we'll ask grover norquist what is his survival strategy? he runs a $30 million operation and doesn't want to see that vanish. >> a lot of democrats emboldened saying we'll shield entitlements altogether. thanks so much, mike. >> on thursday night, house republicans are going to go see "lincoln" together, the number three house republican kevin mccarthy has rented a theater saying we need to make a deal. >> mike allen, thanks so much. >>...
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. >> do you think that's a pledge with grover norquist, with your constituents? there are others saying they have room around the pledge. >> well, that's a great question you just asked me. is that a pledge to my constituents. absolutely. in 2002 -- and i was running in a tough primary and those folks back in marietta, georgia, said, phil, are you going to take the grover norquist, americans for tax reform pledge. i said, yes, i will take it. many would have voted for my opponent. that plenl, i honor that. it's a pledge to my constituents. absolutely. >> all right. you say your constituents don't want you to raise taxes on the rich. let me show you what an abc/washington post poll shows. 60% would support raising taxes on incomes over $250,000 per year. you wouldn't do that? >> i understand that their perception. i have constituents that take that position as well. i'm sent to congress to represent 700,000 people in my northwest georgia district. they send me because they trust my judgment. they think i have the facts that maybe in many cases they don't. we know
. >> do you think that's a pledge with grover norquist, with your constituents? there are others saying they have room around the pledge. >> well, that's a great question you just asked me. is that a pledge to my constituents. absolutely. in 2002 -- and i was running in a tough primary and those folks back in marietta, georgia, said, phil, are you going to take the grover norquist, americans for tax reform pledge. i said, yes, i will take it. many would have voted for my opponent....
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norquist. so you'd effectively be raising the tax rates for the top 2% but you technically literally would not exactly be raising those tax rates which would i guess in his mind keep you under that pledge. i guess my question for you would, be did you sign that pledge as governor and would you think this loophole would be enough to get around the signing of the pledge? >> i first ran for governor in 2002. i signed a bunch of pledges including the tax pledge. when i ran for re-election i said i'm not signing any pledges. i'm going to do what's right. i'm not going to get into the game or sign or not sign pledges. look, from president obama's perspective and the democrats perspective, part of the exercise is to get more revenues from the wealthy, there's lots of different ways to do that. it doesn't necessarily need to be rates although it could be. but there's lots of ways to do that. at least they're in the ball park with each other on the revenue side. the thing that i think should be more tro
norquist. so you'd effectively be raising the tax rates for the top 2% but you technically literally would not exactly be raising those tax rates which would i guess in his mind keep you under that pledge. i guess my question for you would, be did you sign that pledge as governor and would you think this loophole would be enough to get around the signing of the pledge? >> i first ran for governor in 2002. i signed a bunch of pledges including the tax pledge. when i ran for re-election i...
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the pledge you mentioned is identified with americans for tax reforms grover norquist who has gotten many republicans to promise they won't vote to raise taxes. south carolina senator lindsey graham is pushing back saying capping deductions would help generate revenue. the top republic on the senate budget committee explained graham's position. >> he is conditioning any tax increase on fixing these programs, social security and medicare, particularly in making sure that they are sound for the future. so that's lindsey's position. and he has talked about accepting revenue to accomplish that goal. >> republicans continue saying they don't want to increase tax rates arguing that will hurt job growth. democrats say the middle class could be spared from a tax increase now. >> however as we continue to negotiate a responsible path forward i remind everyone within the sound of my voice of one fact. this congress is where one vote away from avoiding the fiscal cliff for middle class families and small businesses. >> republicans point to a study done by the winston group which is a republic r
the pledge you mentioned is identified with americans for tax reforms grover norquist who has gotten many republicans to promise they won't vote to raise taxes. south carolina senator lindsey graham is pushing back saying capping deductions would help generate revenue. the top republic on the senate budget committee explained graham's position. >> he is conditioning any tax increase on fixing these programs, social security and medicare, particularly in making sure that they are sound for...
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anti-tax crusader grover norquist wants to use the ceiling as leverage for republicans in fiscal cliff negotiations, writinging, quote, the debt ceiling provides plenty of leverage for the gop to trade for spending cuts as done in 2011 or continuing the lower rates. republicans may have lost some of that leverage in this year's election, but if history is any guide, this will come down to the last minute. cliff meets ceiling. brooke? >> christine romans, thank you. >>> actor ben affleck among others begging the united states to do something as more and more are dying in the congo. and today, a huge development in this escalating crisis. but will the world listen? ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. hurry in and try five succulent entrees, like our tender snow crab paired with savory garlic shrimp. just $12.99. come into red lobster and sea food differently. and introducing 7 lunch choices for just $7.99. of green giant vegetables it's easy to eat like a giant... ♪ and feel
anti-tax crusader grover norquist wants to use the ceiling as leverage for republicans in fiscal cliff negotiations, writinging, quote, the debt ceiling provides plenty of leverage for the gop to trade for spending cuts as done in 2011 or continuing the lower rates. republicans may have lost some of that leverage in this year's election, but if history is any guide, this will come down to the last minute. cliff meets ceiling. brooke? >> christine romans, thank you. >>> actor ben...
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that would go against the grover norquist pledge not to raise taxes. but one of those who signed the pledge is standing by his promise. senator ron john so thson joins. senator, thanks for being here. >> good morning. >> senator, we've been following all of these negotiations as the market has turning on every single bit of information that comes out. you say that you would not go along with any idea to raise those marginal tax rates. why is that? >> because everything we should be doing here should be concentrating on economic growth because that's time as more effective. let me give you a couple numbers. even with the very meager recovery that we've had, revenue has increased to the federal government by $344 billion per year. if we just return to a normal economy like we had in 2007, those policies of george bush where we had 18.5% of our economy coming to the federal government as revenue, that would be another $419 billion. so combined, that would be $750 billion per year of additional revenue. now, president obama's proposal of punishing success,
that would go against the grover norquist pledge not to raise taxes. but one of those who signed the pledge is standing by his promise. senator ron john so thson joins. senator, thanks for being here. >> good morning. >> senator, we've been following all of these negotiations as the market has turning on every single bit of information that comes out. you say that you would not go along with any idea to raise those marginal tax rates. why is that? >> because everything we...
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norquist. people skeptical about a deal say what really matters is the house. the house is not showing that same level of flexibility, call it whatever you want. is that fair? are republicans in the house -- you're from oklahoma. obviously a red state. are you as resolute as you have always been? >> i am. here's the issue. the tax rate has never been the solution. there's a couple things to keep in mind here. one is obama care taxes kick in january 1st. there are three aspects to that fiscal cliff. the third aspect is the obama care taxes that are coming. there's a 3.8% increase on capital gains, on dividends, interest income for people making 200,000 or more. that's already coming. that's baked in the cake. what the president wants is an additional tax increase rate increase on the same group of people he's already put a rate increase on in january. we're pushing back saying they are taking a hit in january based on the obama care taxes. why talk about a double tax rate increase? second thing
norquist. people skeptical about a deal say what really matters is the house. the house is not showing that same level of flexibility, call it whatever you want. is that fair? are republicans in the house -- you're from oklahoma. obviously a red state. are you as resolute as you have always been? >> i am. here's the issue. the tax rate has never been the solution. there's a couple things to keep in mind here. one is obama care taxes kick in january 1st. there are three aspects to that...
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but look at grover norquist's rhetoric in the last 24 hours. look at what tom cole said. look at how every day another republican comes out and says well, maybe we could stomach a slight tax rate increase if. those are all the building blocks that it takes to gradually get to a place where republicans can do something that they hate doing. they don't want to raise taxes. but what the president would say is, i don't care what you want. you don't have a choice. the bush tax cuts go away at the end of the year. i will let them all go away if that's what it takes to get the rate on top earners to go up. boehner knows that. he has a huge incentive to get something out of this deal. and the president has a huge incentive to get a deal because the last thing he wants is an economic funk to start his second term. that would be a bummer for him and a bummer for his policies. >> and if i was advising republicans, i would say you want to get re-elected? you want to be here on your party? look at chris christie. start to move over to the other side of the aisle. >> michael steele, i
but look at grover norquist's rhetoric in the last 24 hours. look at what tom cole said. look at how every day another republican comes out and says well, maybe we could stomach a slight tax rate increase if. those are all the building blocks that it takes to gradually get to a place where republicans can do something that they hate doing. they don't want to raise taxes. but what the president would say is, i don't care what you want. you don't have a choice. the bush tax cuts go away at the...
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. >> norquist is unelected guy named grover. it's what he can deliver with the voters that scares these guys. who is worse? eagles or the jets? >> i was at the eagles last night. this is a very hard call. when you have three offsides calls right in a row when the game is in doubt, i got to tell you, this is an amazingly difficult question to answer. i got to punt on this one. it's so hard. hail to the chiefs. thank goodness chiefs are there to make everyone look good. >> i didn't see the jets game. i did look on youtube. that's really a bad metaphor. running into your own guy and falling back in for a touchdown. that sort of sums it up, doesn't? >> eagles went on vacation very early on in the season. so far the vacation has been just okay. i want my money back. >> this has not come up for eagle fans that are some of the worst, is it, jim? >> i have to tell you at last night's game, the place was two-thirds filled. half of the people left by halftime. the booing was intense the whole time. >> they didn't throw snow balls did they
. >> norquist is unelected guy named grover. it's what he can deliver with the voters that scares these guys. who is worse? eagles or the jets? >> i was at the eagles last night. this is a very hard call. when you have three offsides calls right in a row when the game is in doubt, i got to tell you, this is an amazingly difficult question to answer. i got to punt on this one. it's so hard. hail to the chiefs. thank goodness chiefs are there to make everyone look good. >> i...
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only a grover norquist imagination does such a response exist. foos what he thinks should be done in washington, he says he supports president obama's proposal to eliminate the bush tax cuts for high income taxpayers. however, he says he prefers a cut off points somewhere above $250,000, maybe 500 thud or so. additionally, he says we need congress right new to enact a minimum tax on high incomes. buffett is suggests 20% between $1 million and $10 million and 30% on amounts above that and that's something he had laid out before. the real definition of the buffett rule. >> i always thought he was uncomfortable about the way the buffett rule was constructed and felt uncomfortable about saying something about it. because remember, he never really spoke openly about it, he would intimate that 250 might not be his number. >> the buffett rule is 30%. >> but then he's also talking about the 500. >> but that's not the buffett rule. but if you're doing tax reform, then you're not going up anyway. >> i think the main point he's saying is forget about the la
only a grover norquist imagination does such a response exist. foos what he thinks should be done in washington, he says he supports president obama's proposal to eliminate the bush tax cuts for high income taxpayers. however, he says he prefers a cut off points somewhere above $250,000, maybe 500 thud or so. additionally, he says we need congress right new to enact a minimum tax on high incomes. buffett is suggests 20% between $1 million and $10 million and 30% on amounts above that and that's...